Temasek Shifts Some Direct Equity to Payment Systems over Chinese Non-Biotech

Posted on 05/29/2020


Singapore’s Temasek Holdings shifted some of its large listed equity holdings opting for U.S.-based payment systems and selling off exposure to Chinese companies, in the reported period of March 31, 2020. Based on imputed prices and regulatory share counts, SWFI estimates Temasek sold off US$ 246,017,200 worth of Alibaba shares, or 1,265,000 shares. Temasek also […]